10 Interesting Walmart Facts

Read Walmart Facts if you want to know the details about the American multinational retailing corporation. The official name is Wal-Mart Stores, Inc. People simply call it Walmart. Walmart is operated in a number of styles. It can be as discount department stores, hypermarkets and grocery stores. In 1962, Sam Walton established Walmart. The base of Walmart Company is located in Bentonville, Arkansas. On 31st October 1969, Walmart was incorporated.

Walmart Facts 1: the numbers of clubs and stores

Walmart has 11,695 stores and clubs as of 31st January 2017. All of them spread in 28 countries in the world.

Walmart Facts 2: the name

In Canada and United States, the company is called Walmart. In United Kingdom, it is called Asda. In Central America and Mexico, Walmart is operated as Walmart de México y Centroamérica. In India and Japan, it is called Best Price and Seiyu Group respectively.

Walmart Texas

Walmart Facts 3: the revenue

Based on its generated revenue, Walmart is called as the largest company in the world. It employs at least 2.3 million people. Therefore, Walmart is called as the largest private employer in the world. Check facts about Tesla here.

Walmart Facts 4: the Walton family

The Walton Family controls Walmart for it is a family business. The 50 percent stake of Walmart is owned by the heirs of Sam Walton through their individual holding and Walton Enterprises, the holding company.

Walmart Facts

Walmart Facts 5: the largest grocery retailer

In United States, Walmart takes the record as the largest grocery retailer. The US operation of Walmart accounts for 62.3 percent of Walmart‘s income in 2016.

Walmart Facts 6: the mixed result of investment

The investment of Walmart is not always successful outside North America. It earned the mixed result. The opening of Walmart in South Korea and Germany are failed. The successful one is seen in China, South America and United Kingdom.

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Walmart Facts 7: the division of Walmart’s operation

There are four divisions of Walmart’s operation. They are the Global eCommerce, Sam’s Club, Walmart International and Walmart US. Get facts about Tesco here.